The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1887-09-07
The Cottou Movement.

The New York Financial Chronicle, IL
its review OF the movement OF the cotto1
crop for the week ending on the night
of August &c, says that the total receipt:
have reached 1920 bales, against 9, 64S
bales last week, 1920 bales the pre-
vious week, and ,499 bales three weeks
since.
The exports for the week reach a tota.
OF 22,315 bales, Of which 1855 were tc
Great Britain, 2,54S to France, and 2, lS2
to the rest OF the continent.
The total sales for forward delivery
for the week are 3S7, 900 bales. For in.
mediate delivery the total sales foot ur
II, ,276 bales, including 5,475 for export.
5,S0l for home consumption.
The imports into continental ports
for the week have been $4,000 bales.
There is an increase in the cotton in
sight Of 1924 bales as compared with
the same date OF 1856, al increase oi
$3.50 bales as compared with The coz.
responding date Of 1885, and decrease
OF 313, 93S bales as compared with 1884.
The old interior stocks have increased
during the week 2S4 bales, and were,
Friday night, 21,3S4 bales less than al
the same period last year. The receipts
at the same towns have been 727 bales
less than the same week last year.
Although the receipts at the outports
the past week were 1920 bales, the
actual movement from plantations was
only l9, $40 bales, tie balance going to
increase the stock at the interior towns.
Last year the receipts from the planta-
tons for the same Week We're 12,20I
bales, and for 1885 they were l., 624
bales.
TIE figures from Bombay show 2 de-
crease compared with last year in the
weeks receipts Of 1900 bales, and no
change in shipments, and the shipments
since January ! show an increase of 46,-
900 bales. Since January l the total OK
ports of cotton to Europe from all India
have been 1882, 600 bales.
The Chronicle says that cotton for fu-
ture delivery at New York for the week
under review has been sluggish, and re-
stricted almost wholly to the brokers
aud regular operators on the floor Of the
Cotton Exchange, attracting very little
attention from outside parties. The
feature Of the week was the sharp ad-
vance on Saturday last, on a demand to
cover contracts, arising from the belief
that ssbear" influences had been exhaust
ed for the present. Monday and Tues
day saw the loss OF part of this advance
under sales to realize. Foreign advices
and crop accounts had little effect, be-
cause not very decided in their character;
but the increased receipts at the ports
were depressing influence on Monday.
On Thursday notices were freely issued
for deliveries on August contracts, with
a very depressing effect upon options for
this month and weakening the whole
market, to which the fall OF needed rains
in Texas and liberal receipts at Calves
ton in some degree contributed. Friday
there was a further decline and a very
unsettled feeling. Cotton on the spot
has met with good demand for export
and home consumption, and quotations
were advanced on Saturday, Tuesday and
wednesday-l-l6c. each day. Friday
prices receded Lice, middiing uplands
closing at 8 l3-l6c.
The Chronicles weather reports indi-
cate that beneficial rains have fallen in
portions OF Texas during the week, but
tbat st some points the drouth continues.
Tie correspondent at Columbia, Texas,
reports that in consequence OF showery
weather, caterpillars have become nu-
merous and are doing much damage. Al
other po;nts in the South the conditions
have been fairly favorabIe. Picking is
progressing finely.